Create an account
All principal matures at a single date in the future. Quoted by price like corporates. Called dollar bonds.
Bonds within an issue mature on different dates according to a predetermined schedule. Quoted on YTM
Issuer pays part of a bonds maturity before the final maturity date. Largest portion paid at maturity.
Several taxing authorities that draw from the same taxpayers can issue debt 2 or more issuers tax the same property
2 or more taxing agencies that share map and can issue debt seperately. Usually occurs in property taxes
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